Regulation

Access regulations, updates and licensing information for the banking, capital markets, insurance and payments sectors.

Sectors

MAS regulates financial institutions in the banking, capital markets, insurance and payments sectors. View the regulations and licensing requirements for your sector.

Banking

For deposit-taking institutions, including full banks, wholesale banks, merchant banks and finance companies.

Capital Markets

For capital markets entities, including fund managers, REIT managers, corporate finance advisers, trustees, dealers, credit rating agencies and financial advisers. 

Insurance

For insurance companies and insurance brokers, including licensed insurers, authorised reinsurers and registered insurance brokers.

Payments

For payment service providers and payment systems, including clearing and settlement systems.

For the list of financial institutions regulated by MAS and the regulated activities they are authorised to provide, refer to the Financial Institutions Directory.

Focus Areas

Anti-Money Laundering

Find out about MAS' regime to combat financial crime. Financial institutions are required to have sufficiently robust controls for anti-money laundering and countering the financing of terrorism. 

Enforcement

Learn about MAS' approach to enforcement and view the list of enforcement actions taken by MAS for breaches of laws and regulations.

FinTech Regulatory Sandbox

The FinTech Regulatory Sandbox enables financial institutions and FinTech players to test new innovations in a live environment, with appropriate safeguards.

Cyber Security

Technological innovation and advancement are rapidly transforming the financial sector. The success of the digital transformation in the financial sector is underpinned by the safety and soundness of these technologies. Find out MAS’ strategies and guidance for financial institutions to achieve cyber resilience.

Interest Rate Benchmarks Transition

Find out about MAS’ guidelines in handling the transition and what to expect.

Regulatory and Supervisory Approach

MAS is the integrated regulator and supervisor of financial institutions in Singapore.

MAS establishes rules for financial institutions which are implemented through legislation, regulations, directions and notices. Guidelines have also been formulated to encourage best practices among financial institutions. Combined with close supervision, these instruments help MAS achieve the outcome of a sound and progressive financial services sector.

MAS Supervisory Approach and Regulatory Framework